Bearing Lithium is focused on identifying, advancing, and de-risking lithium projects. It’s cornerstone asset is the Maricunga lithium brine project in Chile which represents the highest-grade pre-production brine project in the world.

 

Bearing Lithium Corp. is a lithium-focused mineral exploration and development company. Its primary asset is an 18% interest in the Maricunga lithium brine project in Chile. The Maricunga project represents one of the highest-grade lithium brine salars globally and the only pre-production project in Chile. Over US$30 million has been invested in the project to date and all expenditures through 2018, including the delivery of a Definitive Feasibility Study in Q4/2018, have been fully-funded by the earn-in joint-venture partner.

 


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Why Bearing ?

 

A World Class Asset

The Maricunga project represents one of the highest-grade lithium brine salars globally and the only pre-production project in Chile. Chile is host to some of the most prolific lithium brine deposits in the world, namely the Salar de Atacama which is the highest grade and lowest cost operation, and accounts for over 40% of lithium production globally. The Maricunga is located in Region III of Atacama in northern Chile with good access to infrastructure. It is located along International Highway 31 which connects Chile and Argentina, approximately 170 kilometres northeast of the mining town of Copiapó, and has multiple avenues to access power from an underutilized grid. The project is host to a NI 43-101 M&I resource of 1.7million tonnes of lithium carbonate equivalent (“LCE”) at a grade of 1,143 mg/L lithium (Li) plus an Inferred resource of 0.4 million tonnes of LCE at a grade of 1,289 mg/L Li. The project is comprised of a number of tenements totaling 4,463 hectares, of which some are grandfathered under a previous mining code which may allow for the exploitation of lithium.

 

Free Carried Joint-Venture Agreement

Under the terms of the joint-venture agreement, Bearing Lithium has a free-carry on project expenditures through 2018 which includes the delivery of a Definitive Feasibility Study (DFS) in Q4/2018. The Maricunga JV is an agreement between Bearing Lithium Corp. (TSX:BRZ), Minera Salar Blanco (private company) and Lithium Power International (ASX:LPI), whereby Lithium Power International is earning into the project by funding all expenditures.

News Releases

 

Bearing Closes Final Tranche of Private Placement Financing

17-Aug-2018

Vancouver, British Columbia - Bearing Lithium Corp. ("Bearing" or the "Company") (TSX Venture: BRZ) (OTCQB:BLILF) (FRANKFURT: B6K2) is pleased to announce the closing of the second and final tranche (the "Final Tranc..

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Bearing Announces Resumption of Trading on OTCQB

14-Aug-2018

Vancouver, British Columbia - Bearing Lithium Corp. ("Bearing" or the "Company") (TSX Venture: BRZ) (OTCQB:BLILF) (FRANKFURT: B6K2) is pleased to announce that its shares have resumed trading on the US OTCQB® Venture..

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Bearing Closes First Tranche of Over-Subscribed Private Placement Financing

08-Aug-2018

Vancouver, British Columbia - Bearing Lithium Corp. ("Bearing" or the "Company") (TSX Venture: BRZ)(FRANKFURT: B6K2) is pleased to announce the closing of the first tranche (the "First Tranche") of the non-brokered p..

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Legal Notice

 

The information provided through this website is intended solely for the general knowledge of visitors to the website and does not constitute an offer or a solicitation of an offer for the purchase or sale of any securities of Bearing Lithium Corp. or any affiliated companies.